The Full Feed from HuffingtonPost.com: Hurricane Isaac Crop Damage Estimates Reach $100 Million For Louisiana

The Full Feed from HuffingtonPost.com The Full Feed from HuffingtonPost.com

Hurricane Isaac Crop Damage Estimates Reach $100 Million For Louisiana Sep 11th 2012, 20:33 NEW ORLEANS (AP) — Good weather over the next several weeks could do a lot to reduce a preliminary estimate of $100 million in Louisiana crop damage from Hurricane Isaac, LSU AgCenter economist Kurt Guidry said Tuesday. Of course, bad weather would do the opposite. Since several crops were thought likely to have near-record harvests before the storm, the state's agricultural sector could still have a good year if skies stay blue, Guidry said. The preliminary figure is less than damage from last year's drought or from other storms in recent years, and less than farmers feared, he said. Which isn't to say that all damage was light. Some farmers lost entire crops. The biggest estimated money losses are in sugarcane, one of Louisiana's biggest crops. About 380,000 acres — 90 percent of the total planted — were damaged. Although the estimated percentage loss from pre-storm value was 7 percent, that works out to nearly $60 million. Read More... More on Hurricane Isaac 2012

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